Molson Coors Beverage Company (NYSE:TAP) continues to be a popular choice among institutional investors who hold a significant share in the company, estimated at about 83% to 85%. The beverage giant has declared a $0.44 quarterly dividend and announced the financial results for its fourth quarter and full year 2024. In other news, the company has also set its Earnings Call for Q4 and FY 2024 for the February 13. Further, it declared a regular quarterly dividend and reported earnings per share (EPS) rise for Q4 2024, with stock prices expected to surge, according to UBS Group analysts. The company hosted an earnings conference call for Q1 2024 and FY 2024. In addition, the company holds a majority stake in ZOA Energy, as part of their aim for growth acceleration and introduced a strategic plan to shape their long-term financial outlook in their 2023 Strategy Day. However, some investment firms have reduced their stock holdings in Molson Coors due a decline in sales. The company's CEO has proposed a transformative plan to significantly change its operation and also announced its expansion into non-alcoholic beverage segment, partnering with L.A. Libations.
Molson Coors Beverage Company Class B TAP News Analytics from Wed, 30 Oct 2019 07:00:00 GMT to Sat, 08 Mar 2025 13:19:51 GMT -
Rating 4
- Innovation -2
- Information 7
- Rumor -4
